Hi all,
I'm strongly tempted to buy some BND since I have a large amount of cash at the moment, but need to buy it in taxable. What's the best day to buy it? According to google the ex-dividend date will be Apr 1, the record date Apr 5, and the payment date Apr 7. Presumably there will be a slight dip in value somewhere in this range right as the actual dividend is paid.
What day should I plan to buy BND to just barely miss the dividend? Since its taxable, I'd prefer to go right after the payout dip to slightly reduce the amount of interest earnings.
Thanks!